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  5. ›Life Insurance RFP Number: UA 27P0038 MOS

University of Alaska Fairbanks·Alaska

Life Insurance RFP Number: UA 27P0038 MOS

Closes 11/30/2026$250k – $2MRequest for Proposal
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Description

The University of Alaska Fairbanks is seeking a qualified insurance provider to deliver a comprehensive life insurance program for its university community. The solicitation calls for proposals that detail coverage options, pricing structures, administrative support, and compliance with state regulations. Vendors must submit a full proposal by the stated deadline; late or non‑electronic submissions will be rejected. This is a statewide solicitation and the contract will likely cover a multi‑year period, though the exact duration is not specified. • RFP No. 27P0038MOS issued Oct 30 2026 • Deadline for questions: Nov 17 2026 (5:00 PM AKDT) • Proposal submission deadline: Nov 30 2026 (12:00 PM AKDT) • Required submission method: electronic via the university’s procurement portal • Primary contact: Maren Savage, Procurement Officer (no email/phone provided) • Scope: Provide life insurance coverage for faculty, staff, students, and possibly retirees • Evaluation based on coverage quality, cost, service capabilities, and compliance

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Maren Savage(Procurement Officer)

Key dates

Opened
10/30/2026
Questions due
11/17/2026
Closes
11/30/2026

Last updated

Details

Type
Request for Proposal
Industry
Insurance
NAICS
524113
Solicitation №
27P0038MOS

Budget estimate

$250,000 – $2,000,000

Based on typical university life‑insurance contracts, the annual premium volume for a mid‑size institution like UAF can range from a few hundred thousand dollars to low‑single‑digit millions, depending on coverage levels, employee count, and optional riders. Assuming a 1‑3 year contract, the total contract value is estimated between $250,000 and $2,000,000.

AI estimate from the solicitation

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